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Union Life Insurance IPO Date

Union Life Insurance IPO Date
Table of Contents

    Union Life Insurance Company Limited IPO Date

    Union Life Insurance Company Limited IPO Date
    Union Life Insurance Company Limited IPO Date

    Union Life Insurance Company Limited issued 6,450,000 units of ordinary shares worth Rs. 64.5 crores to the general public from Ashad-24, 2078 (2021-07-08 10:00 AM). The early closing date of this IPO issue is on Ashad-28, 2078 (2021-07-12 5:00 PM), and if the issue is not subscribed till Ashad-28, 2078 then this issue can be extended up to Shrawan-7, 2078 (2021-07-22 5:00 PM).

    Opening date of the IPO

    24th Ashadh, 2078, 2021-07-08 10:00 AM

    Early closing date of the IPO

    28th Ashadh, 2078, 2021-07-12 5:00 PM

    Extended Date (if not subscribed till Ashad-28, 2078)

    Shrawan-7, 2078 (2021-07-22 5:00 PM)

     

    Company Details

    Company Name

    Union Life Insurance Company Limited

    Company Code

    202107081

    Issue Type

    IPO

    Share Type

    Ordinary Shares

    Issue Description

    General Public

    Scrip

    ULICl

    Share Value Per Unit

    100

    Share Value

    5805000

    Issue Open Date

    2021-07-08 10:00 AM

    Issue Close Date

    2021-07-12 5:00 PM

    Issue Manager

    Prabhu Capital Limited, Kathmandu

     

    Total offered units

    6,450,000

    Shares Worth

    Rs. 64.5 crores

    Shares for employees, 5% of the total capital

    322,500 Units

    Set aside for Mutual Funds,  5% of the total capital

    322,500 Units

    Shares offered for the general public

    5,805,000 Units


    Admin

    Writes about personal finance, taxes, and fintech tools to help readers make smarter money decisions.

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